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Another Crypto Hack Derails RecoverySince our last report, hackers broke into yet another cryptocurrency exchange. This time the target was Bithumb, a Korean exchange known for high-flying prices and ultra-active traders.

While the hackers made off with approximately $31.5 million in funds, the exchange is working with relevant authorities to return the stolen tokens to their respective owners. In the event that some is still missing, the exchange will cover the losses. (Source: “Bithumb Working With Other Crypto Exchanges to Recover Hacked Funds,”.

Cryptocurrency NewsOn the whole, cryptocurrency prices are down from our previous report on cryptos, with the market slipping on news of an exchange being hacked and a report about Bitcoin manipulation.

However, there have been two bright spots: 1) an official from the U.S. Securities and Exchange Commission (SEC) said that Ethereum is not a security, and 2) Coinbase is expanding its selection of tokens.

Let’s start with the good news.SEC Says ETH Is Not a SecurityInvestors have some reason to cheer this week. A high-ranking SEC official told attendees of the Yahoo! All Markets Summit: Crypto that Ethereum and Bitcoin are not.

Ripple vs SWIFT: The War BeginsWhile most criticisms of XRP do nothing to curb my bullish Ripple price forecast, there is one obstacle that nags at my conscience. Its name is SWIFT.

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the king of international payments.

It coordinates wire transfers across 11,000 banks in more than 200 countries and territories, meaning that in order for XRP prices to ascend to $10.00, Ripple needs to launch a successful coup. That is, and always has been, an unwritten part of Ripple’s story.

We’ve seen a lot of progress on that score. In the last three years, Ripple wooed more than 100 financial firms onto its.

Trust Is Growing…Before we get to this week’s cryptocurrency news, analysis, and our cryptocurrency price forecast, I want to share an experience from this past week. I was at home watching the NBA playoffs, trying to ignore the commercials, when a strange advertisement caught my eye.

It followed a tomato from its birth on the vine to its end on the dinner table (where it was served as a bolognese sauce), and a diamond from its dusty beginnings to when it sparkled atop an engagement ring.

The voiceover said: “This is a shipment passed 200 times, transparently tracked from port to port. This is the IBM blockchain.”

Cryptocurrency News & Market SummaryInvestors finally saw some light at the end of the tunnel last week, with cryptos soaring across the board. No one quite knows what kicked off the rally—as it could have been any of the stories we discuss below—but the net result was positive.

Of course, prices won’t stay on this rocket ride forever. I expect to see a resurgence of volatility in short order, because the market is moving as a single unit. Everything is rising in tandem.

This tells me that investors are simply “buying the dip” rather than identifying which cryptos have enough real-world value to outlive the crash.

Cryptocurrency NewsThis was a bloody week for cryptocurrencies. Everything was covered in red, from Ethereum (ETH) on down to the Basic Attention Token (BAT).

Some investors claim it was inevitable. Others say that price manipulation is to blame.

We think the answers are more complicated than either side has to offer, because our research reveals deep contradictions between the price of cryptos and the underlying development of blockchain projects.

For instance, a leading venture capital (VC) firm launched a $300.0-million crypto investment fund, yet liquidity continues to dry up in crypto markets.

Cryptocurrency NewsWhile headline numbers look devastating this week, investors might take some solace in knowing that cryptocurrencies found their bottom at roughly $189.8 billion in market cap—that was the low point. Since then, investors put more than $20.0 billion back into the market.

During the rout, Ethereum broke below $300.00 and XRP fell below $0.30, marking yearly lows for both tokens. The same was true down the list of the top 100 biggest cryptos.

Altcoins took the brunt of the hit. BTC Dominance, which reveals how tightly investment is concentrated in Bitcoin, rose from 42.62% to 53.27% in just one month, showing that investors either fled altcoins at higher.

Cryptocurrency NewsEven though the cryptocurrency news was upbeat in recent days, the market tumbled after the U.S. Securities and Exchange Commission (SEC) rejected calls for a Bitcoin (BTC) exchange-traded fund (ETF).

That news came as a blow to investors, many of whom believe the ETF would open the cryptocurrency industry up to pension funds and other institutional investors. This would create a massive tailwind for cryptos, they say.

So it only follows that a rejection of the Bitcoin ETF should send cryptos tumbling, correct? Well, maybe you can follow that logic. To me, it seems like a dramatic overreaction.

Cryptocurrency NewsAlthough cryptocurrency prices were heating up last week (Bitcoin, especially), regulators poured cold water on the rally by rejecting calls for a Bitcoin exchange-traded fund (ETF). This is the second time that the proposal fell on deaf ears. (More on that below.)

Crypto mining ran into similar trouble, as you can see from Advanced Micro Devices, Inc.‘s (NASDAQ:AMD) most recent quarterly earnings. However, it wasn’t all bad news. Investors should, for instance, be cheering the fact that hedge funds are ramping up their involvement in cryptocurrency markets.

Without further ado, here are those stories in greater detail.ETF Rejection.

Cryptocurrency NewsCryptocurrencies traded sideways since our last report on cryptos. However, I noticed something interesting when playing around with Yahoo! Finance’s cryptocurrency screener: There are profitable pockets in this market.

Incidentally, Yahoo’s screener is far superior to the one on CoinMarketCap, so if you’re looking to compare digital assets, I highly recommend it.

But let’s get back to my epiphany.

In the last month, at one point or another, most crypto assets on our favorites list saw double-digit increases. It’s true that each upswing was followed by a hard crash, but investors who rode the trend would have made a.

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As we all know, this is a turbulent time for the nation and the aerospace and defense industrywe face numerous economic and political challenges, both domestically and internationally.

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Learn about the history and mission of Aerospace Medicine by watching the professionals making it happen!

Commercial aviation presents Aerospace Medicine problems for the aircrew, ground support crews, and the passengers they serve.

General aviation aircraft present unique Aerospace Medicine and Human Performance problems. Human Performance factors continue to be leading causes of General Aviation mishaps.

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AsMA is a scientific forum providing a setting for many different disciplines to come together and share their expertise for the benefit of all persons involved in air and space travel. The Association has provided its expertise to a multitude of Federal and international agencies on a broad range of issues, including aviation and space medical standards, the aging pilot, and physiological stresses of flight. AsMA’s membership includes aerospace medicine specialists, flight nurses, physiologists, psychologists, human factors specialists, physician assistants, and researchers in this field. Most are with industry, civil aviation regulatory agencies, departments of defense and military services, the airlines, space programs, and universities.

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The Aerospace Medical Association offers free information publications for passengers preparing for commercial airline travel. We also offer more detailed medical guidelines for physicians that can be used to advise patients with preexisting illness planning to travel by air.

Which of the following is NOT included in an examination of the sensorium?

a.Orientation to time, place, and personb.Retention of three unrelated memory items for five minutesc.General knowledged.Depressed or elated moode.Proverb interpretation: concrete or abstract.

U.S. Air Force Gen. Terrence J. OShaughnessy receives the North American Aerospace Defense Commands flag from the Canadian Armed Forces Chief of the Defence Staff, Gen. J.H. Vance, signifying his acceptance of command, May 24, 2018 on Peterson U.S. Air Force Base, Colorado OShaughnessy is the 25th NORAD commander. (DoD Photo by N&NC Public Affairs)

Antivirus software founder John McAfee in Miami Beach, Florida.AP/Alan DiazCybersecurity expert John McAfee is running for president in the US as a member of the Libertarian Party. This is an op-ed article he wrote and gave us permission to run.

Using an obscure law, written in 1789 the All Writs Act the US government has ordered Apple to place a back door into its iOS software so the FBI can decrypt information on an iPhone used by one of the San Bernardino shooters.

It has finally come to this. After years of arguments by virtually every industry specialist that back doors will be a bigger boon to hackers and to our nation’s enemies than publishing our nuclear codes and giving the keys to all of our military weapons to the Russians and the Chinese, our government has chosen, once again, not to listen to the minds that have created the glue that holds this world together.

This is a black day and the beginning of the end of the US as a world power. The government has ordered a disarmament of our already ancient cybersecurity and cyberdefense systems, and it is asking us to take a walk into that near horizon where cyberwar is unquestionably waiting, with nothing more than harsh words as a weapon and the hope that our enemies will take pity at our unarmed condition and treat us fairly.

Any student of world history will tell you that this is a dream. Would Hitler have stopped invading Poland if the Polish people had sweetly asked him not to do so? Those who think yes should stand strongly by Hillary Clinton’s side, whose cybersecurity platform includes negotiating with the Chinese so they will no longer launch cyberattacks against us.

The FBI, in a laughable and bizarre twist of logic, said the back door would be used only once and only in the San Bernardino case.

Tim Cook, CEO of Apple, replied:

The government suggests this tool could only be used once, on one phone. But that’s simply not true. Once created, the technique could be used over and over again, on any number of devices. In the physical world, it would be the equivalent of a master key, capable of opening hundreds of millions of locks from restaurants and banks to stores and homes. No reasonable person would find that acceptable.

The government is asking Apple to hack our own users and undermine decades of security advancements that protect our customers including tens of millions of American citizens from sophisticated hackers and cybercriminals. The same engineers who built strong encryption into the iPhone to protect our users would, ironically, be ordered to weaken those protections and make our users less safe.

AP

No matter how you slice this pie, if the government succeeds in getting this back door, it will eventually get a back door into all encryption, and our world, as we know it, is over. In spite of the FBI’s claim that it would protect the back door, we all know that’s impossible. There are bad apples everywhere, and there only needs to be in the US government. Then a few million dollars, some beautiful women (or men), and a yacht trip to the Caribbean might be all it takes for our enemies to have full access to our secrets.

Cook said:

The FBI may use different words to describe this tool, but make no mistake: Building a version of iOS that bypasses security in this way would undeniably create a backdoor. And while the government may argue that its use would be limited to this case, there is no way to guarantee such control.

The fundamental question is this: Why can’t the FBI crack the encryption on its own? It has the full resources of the best the US government can provide.

With all due respect to Tim Cook and Apple, I work with a team of the best hackers on the planet. These hackers attend Defcon in Las Vegas, and they are legends in their local hacking groups, such as HackMiami. They are all prodigies, with talents that defy normal human comprehension. About 75% are social engineers. The remainder are hardcore coders. I would eat my shoe on the Neil Cavuto show if we could not break the encryption on the San Bernardino phone. This is a pure and simple fact.

And why do the best hackers on the planet not work for the FBI? Because the FBI will not hire anyone with a 24-inch purple mohawk, 10-gauge ear piercings, and a tattooed face who demands to smoke weed while working and won’t work for less than a half-million dollars a year. But you bet your ass that the Chinese and Russians are hiring similar people with similar demands and have been for many years. It’s why we are decades behind in the cyber race.

Cyberscience is not just something you can learn. It is an innate talent. The Juilliard School of Music cannot create a Mozart. A Mozart or a Bach, much like our modern hacking community, is genetically created. A room full of Stanford computer science graduates cannot compete with a true hacker without even a high-school education.

So here is my offer to the FBI. I will, free of charge, decrypt the information on the San Bernardino phone, with my team. We will primarily use social engineering, and it will take us three weeks. If you accept my offer, then you will not need to ask Apple to place a back door in its product, which will be the beginning of the end of America.

If you doubt my credentials, Google “cybersecurity legend” and see whose name is the only name that appears in the first 10 results out of more than a quarter of a million.

Theres days when I see despicable, disgusting shit like this and realize that my 10 years I spent working for a huge corporation would have been much more fun had I worked for John instead, if only my manager knew the proper straw for bath salts, if he had a magical collection of self spawning guns, I might have just, maybepossibly not wasted 10 years of my life..what a shit showanyways, that was like watching a train plow into a huge chicken coop full of babies, I couldnt stop watching, and when it was over, I couldnt stop laughing.

Today WAS a crappy day, today sucked..until I watched that, thanks John, I needed that, your a sick man, I love it when I see someone act out the shit that goes on in my head.

Jason (still trapped in corporate hell, just a smaller corporate hell for 1/2 the money)

Theres days when I see despicable, disgusting shit like this and realize that my 10 years I spent working for a huge corporation would have been much more fun had I worked for John instead, if only my manager knew the proper straw for bath salts, if he had a magical collection of self spawning guns, I might have just, maybepossibly not wasted 10 years of my life..what a shit showanyways, that was like watching a train plow into a huge chicken coop full of babies, I couldnt stop watching, and when it was over, I couldnt stop laughing.

Today WAS a crappy day, today sucked..until I watched that, thanks John, I needed that, your a sick man, I love it when I see someone act out the shit that goes on in my head.

Jason (still trapped in corporate hell, just a smaller corporate hell for 1/2 the money)

Theres days when I see despicable, disgusting shit like this and realize that my 10 years I spent working for a huge corporation would have been much more fun had I worked for John instead, if only my manager knew the proper straw for bath salts, if he had a magical collection of self spawning guns, I might have just, maybepossibly not wasted 10 years of my life..what a shit showanyways, that was like watching a train plow into a huge chicken coop full of babies, I couldnt stop watching, and when it was over, I couldnt stop laughing.

Today WAS a crappy day, today sucked..until I watched that, thanks John, I needed that, your a sick man, I love it when I see someone act out the shit that goes on in my head.

Jason (still trapped in corporate hell, just a smaller corporate hell for 1/2 the money)

Trust Is Growing…Before we get to this week’s cryptocurrency news, analysis, and our cryptocurrency price forecast, I want to share an experience from this past week. I was at home watching the NBA playoffs, trying to ignore the commercials, when a strange advertisement caught my eye.

It followed a tomato from its birth on the vine to its end on the dinner table (where it was served as a bolognese sauce), and a diamond from its dusty beginnings to when it sparkled atop an engagement ring.

The voiceover said: “This is a shipment passed 200 times, transparently tracked from port to port. This is the IBM blockchain.”

Cryptocurrency NewsEven though the cryptocurrency news was upbeat in recent days, the market tumbled after the U.S. Securities and Exchange Commission (SEC) rejected calls for a Bitcoin (BTC) exchange-traded fund (ETF).

That news came as a blow to investors, many of whom believe the ETF would open the cryptocurrency industry up to pension funds and other institutional investors. This would create a massive tailwind for cryptos, they say.

So it only follows that a rejection of the Bitcoin ETF should send cryptos tumbling, correct? Well, maybe you can follow that logic. To me, it seems like a dramatic overreaction.